Stocks And Prices

There is no way to predict the cost of stocks and bonds over the next handful of days or weeks. Lots of of the newly issued ETFs, or exchange-traded funds, that are made to match the big stock market indexes are traded on the Amex. Nevertheless, if Apple meets its 2013 earnings estimates, it is not unreasonable to assume the stock will trade between $600 and $900 per share in 2013. AAPL is fairly valued, with a Price tag Earnings ratio (PE ratio) of 15 soon after the stock split, which put the stock in a $92 to $94 per share trading range.

For example, a rise in power costs can lead to reduce sales, reduced profits and reduce stock rates. Stock costs, on the other hand, are determined by expectations of the future, which should, by definition, be unknown. I can not advocate acquiring any stock considering that I am not a licensed monetary advisor. I laid out the case why I believe Apple is still undervalued at its current value.

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